What is the procedure for closing an account with a bank?

The customer has to submit a letter to the bank branch (home branch) thereby requesting the branch to close the account and pay the amount in cash or issue a cheque or credit the amount to another account of the same customer with any other bank branch

Some banks have specific formats for this purpose and many banks advise the customers to submit the letter in their own formats thereby providing the necessary details like account number, name of the customer, the branch where the account has been opened etc.,

It has to be noted that the following has to be surrendered to the bank branch at the time of closing the account:
- Latest pass book available with the customer (Ignore previous pass books)
- Debit card
- Unused cheque leaves in cash the customer has received the cheque book from the bank branch

At the time of closing the account, the debit card will be destroyed and the unused cheque leaves will also be destroyed by the bank branch

Updated entries will be made in the pass book and the same will be returned to the customer

Use the following format for sending the letter for closing the account with the bank:

(Request for closure of the account)

From:                                                                                                       Place:                      

                                                                                                                                                                                                                                                                Dated:

Name …………………………………………... 

Address ………………………………………..

……………………………............................

………………………………………………….. …

Contact Mobile No:

To:

The Branch Manager,

......................................................Bank

Address.......................................................

Sir,

Sub: My savings bank account Number:........................................... with your branch

---------

With reference to my savings bank account  with your branch as mentioned above,  I am willing to close my account since I am not in need of the account further.

The following are the details of my account:  

Name of the account holder
Account Number
Name of the bank and branch where the  account is maintained
Cheque leaves surrendered if any	From                                   To
Debit card number
Details of request and reasons for closure	I do not require the account henceforth and as such I request you to close the account

In view of the circumstances as mentioned above, I request you to kindly arrange to close the account and pay me the amount by cash/banker’s cheque or to the credit of my account as detailed below:

Name of the account holder
Account Number
Name of the bank and branch where the  account is maintained
IFSC code number

Yours faithfully

Signature

Enc: